Exchange rate QAR: USD to be fixed

Hi All
we are having company code currency and local currency as USD.
However we making some payments in QAR and the requirement is to have fixed the exchange rate.
Please let me know the setting to be carried out and will there be any implication while revaluation
chrs
priyanka

Hi Milind
I thought of creatig one new exchange rate type(Q)
and then in currencies translation rations i will maintian the new type (Q) in against the type M in the field Alt.ERT ( alternate currency)
So when ever user post the qar currency document, it would be a fixed rate .
Will this work
chrs
priyanka

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Exchange rate EURX not calculate exchange rates between USD and GBP

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Exrt Usage Ref. crcy
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Hi,
Please check the following settings :
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My client is Export Business & when he is creating sales documents the system gives the error as:
Condition VPRS: Error in converting exchange rate from USD to INR
Message no. V1208
Diagnosis
An error has occurred during currency conversion.
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There is no valid exchange rate
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so expecting the solution for the same
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Exchange rate of USD in INR for date could not be determined

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Exchange rate of USD in INR for date 21.07.2006 could not be determined
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Regards,

Hi,
Pls check the following things:
In the customer master >sales area data> sales tab page, check what is the exchange rate type maintained. Default is "M".
Now, go to SPRO>General Settings>Currencies>Enter exchange rates and under this node, check the value for USD to INR for the Echange rate type maintained in the customer master.
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I try to fix exchange rate in a post document ( With FB01 transaction ) filling the BKPF-KURSF field, and the system displays next message:
Exchange rate of USD fixed for translation from EUR to 0,81853
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the message number is F5768.
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Edited by: Ismael Navarro on Dec 21, 2007 1:54 PM

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Dear experts,
When I input a PO in ME21N, I noticed that there is a field letting me to input exchange rate.
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Let me take an example to check if my understanding is correct.
In a German comapny, one PO is created in USD.
The exchange rate from USD to EUR is already maintained in OB08. I did not tick the fix indicator (not matter I input any rate in PO). The system will pick the rate from OB08 in MIGO and invoice posting, right?
Another scenario, I input the specific exchange rate in PO, and tick the fix indicator. The system will pick the rate from PO for MIGO and invoice posting, right?
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Exchange rate on invoice date

HI all,
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Hi Sanil,
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How to post the revenue on exchange rate in SAP ?

Hi All,
a Company gets a g.l. bank account in USD (account currency). The local currency is EUR.
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The differemce is due to exchange rate difference post the difference in a new g/l name it exchange rate diff. revenue account for more read below:
Exchange Rate Rounding Differences
When an invoice is posted in a foreign currency, the amounts are translated into local currency. Since the system rounds off the amounts in each posting line, this can lead to rounding differences due to the currency translation.
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Enter rate CAD / rate type M for 00.00.0000
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I tried entering the exchanger rate for USD for date 00.00.0000 and its not allowing me to enter that date. (nvalid date)
Pelase advice

Hi,
just go through this link for the same issue.
exchange rate
currency conversion
It seems you are doing currency conversion at the update rule level.
Are you maintaining these rates in any ODS and then custom defined program Or you are using standard SAP function.
you can lao chek it in R/3.
you can go to source system ->right click-> trasfer exchage rates. and then try to laod data nad see if solved the problems.
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Gain or loss due to foreign currency exchange rate in Travel Management

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I am facing some issues in foreign currency surrender in Travel Management.
Example:-
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250
Regards,
Daniel

HI Sigi,
The problem is, during a International trip. While taking the advance, the exchange rate of USD is something & while returning or excess expenditure the exchange rate is different. Because the posting to be done in INR & the expenses are adjusted against the advance.
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My local currency is   USD. I   have defined exchange rate for   ' USD and EUR   '    for exchange     type M and type EURX.
In FB60, system picks the exchange rate defined for exc. type EURX,   but   I   want it to pick exch. type M.
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kamala

I am thinking that most likely you have specified EURX as Alt. ERT (alternate exchange rate type) for exchange rate type M for the currency pair USD:EUR in IMG node 'Define Translation Ratios for Currency Translation" (T Code OBBS). Remove it and retest FB60; it should pick the M rate.

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Is this possible? I seems we can't do that.
PS: As a context this happens in countries where some prices (liked freight costs) are set in USD, although it isn't the country's currency. Here the vendor document is in EUR, and the freight costs in USD.

It is not possible to have more than one currency conversion rate maintained in a PO. My solution to your requirement is to put the freight costs separately in different PO and that way you can maintain the exact exchange rate as needed. Also this separate handling is the case normally would be the case as the frieght charges are many times are based on weight and not based on the PO quantity.

Exchange rate error in PO.?

Hi all
Can anybody explain me how to recticfy this below errror ..
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sap-mm

Dear,
Also check Delivery/Invoice tab >> Exchange rate for USD/EUR.
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Mahesh Wagh

Exchange rate conversion po

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In PO I want to maintain the exchange rate in USD at header level and it should display in INR after multiplying with the quantity and converting from USD at item level in Condition tab.
regards,
Madhu.

Madhu,
I am not sure I understood what you wrote, however I am assuming that the
Echange rate currency is in USD, Usually this is the Vendor currency also, unless you change it.
The PO has been created for company code in India hence currency INR.
When you create a PO , you'd notice the items with a currney USD and under Conditions, you'd notice a converison in to INR as well
So if the COmapny Code is ABCD Currency INR and vendor 1000 with currency USD
You'd notice exchange rate as USD with the equivalent conv factor.
Now at the line item level consider a material 2000 for 20 qty and 2 USD each
U'd note that it shows 2000; QTy 20, price $2 EA
under conditions u'll note 20 EA $40 in one column and its equiavalent conversion in INR which'd approximately be INR 1600 in an other column.
Now Tell me what your issue is

Exchange rate function module

Dear Forum,
I tried READ_EXCHANGE_RATE and CALCULATE_EXCHANGE_RATE but both no result.
The local currency is INR and transaction is posted in EUR. Now I want to get the exchange rate in USD which is conversion from EUR to USD. local currency INR not needed.
Which function module can fulfill my needs?
Thanks

Hi,
Ok you want it in exchange rates,
CONVERT_AMOUNT_TO_CURRENCY Convert an amount from a currency to another (exchange rate taken from database tables)
CONVERT_CURRENCY_BY_RATE Convert an amount from a currency to another, according to the passed exchange rate
or
BAPI_EXCHANGERATE_GETDETAIL
cheers,
bhavana
Edited by: Bhavana Amar on Jun 4, 2010 12:53 PM

Exchange rate QAR: USD to be fixed

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